Explain why an increase in government expenditure could lead to a more-than-proportionate or a less-thanproportionate increase in

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Explain why an increase in government expenditure could lead to a more-than-proportionate or a less-thanproportionate increase in output.

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Economics

ISBN: 287201

6th Global Edition

Authors: Daron Acemoglu, David Laibson, John A. List

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